Security News

As the 2024 election season commences in the United States, the crypto industry and broader community have mobilized to support perceived pro-crypto candidates. Dr. Tonya M. Evans—a tenured law professor at Pennsylvania State University—sat down with Cointelegraph to explain the impact of crypto on the upcoming elections. According to Dr. Evans, the upcoming presidential race, […]

Consumers’ Research, a consumer protection group, published a Sept. 12 report warning about stablecoin issuer Tether. It called the company out for a lack of transparency surrounding its US dollar reserves. The consumer protection group claimed that Tether has yet to produce a full audit of the dollar reserves purportedly backing the USDT stablecoin from […]

Eve Online developer and publisher CCP Games officially announced its upcoming massively multiplayer online survival game, Eve Frontier, on Sep. 12. The game will feature a unique blockchain integration allowing players to create their own self-contained economies in the game with a built-in digital-to-fiat bridge. This, according to a recent interview with CCP executives, means […]

The United States Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) might get along better if they talked more.  At least, that is what John Rose, House of Representatives member from Tennessee and Financial Services Committee member, hopes. He introduced a bill on Sept. 12 to create a joint advisory committee on […]

Chinese artificial intelligence models are around six months behind those being used in the United States but could soon outstrip them in terms of adoption, says Kai-Fu Lee, the former president of Google China. The less-advanced Chinese models are roughly 15 months behind their US counterparts, but leading large language models (LLMs) used by Chinese […]

United States House Republicans have probed Securities and Exchange Commission Chair Gary Gensler, saying his agency could be hiring based on political affiliation, violating federal law. In a Sept. 10 letter to Gensler — a Democrat — GOP lawmakers Jim Jordan, Patrick McHenry and James Comer accused the agency of hiring “individuals from left-leaning organizations to fill senior roles […]

The United States Commodity Futures Trading Commission has partnered with a banking association and multiple federal regulators to warn consumers about “pig butchering” crypto investment scams. The American Bankers Association Foundation, a “private regulator,” and other federal regulators, including the Securities and Exchange Commission, are now working with the CFTC’s Office of Customer Outreach and […]

Indonesian crypto exchange Indodax suffered a loss of approximately $22 million in various cryptocurrencies and has since disabled its mobile and web applications to investigate the breach. On Sept. 11, multiple blockchain investigation firms, including PeckShield, Cyvers and SlowMist, alerted against an attack on Indodax’s hot wallets. The hacker stole large amounts of Bitcoin, Tron, […]

Millions of potenial Australian crypto investors are “sitting on the sidelines” until regulations around the market are clearer, says the head of a local crypto exchange. Jason Titman, the CEO of Swyftx, told Cointelegraph that his firm predicts between two to six million Australians will enter crypto when “the dust has settled on regulation.” A Swyftx survey found nearly […]

A United States federal judge has tossed a class-action lawsuit against Atomic Wallet after it failed to show the court it had jurisdiction over the Estonian crypto firm. In a Sept. 10 order, Colorado district court judge Philip Brimmer dismissed claims against Atomic Wallet, its CEO Konstantin Gladyshev, shareholder Pavel Sokolov and Evercode Infinite — […]